A team of researchers says that 97.7% of tokens launched on decentralized crypto exchange Uniswap turned out to be rug pulls. Not surprisingly, Crypto Twitter has some thoughts. The researchers were...
Tag: Rug
Are 97% of Tokens on Uniswap Really Rug Pulls?
A report making the rounds among crypto traders this week claims 97.7% of tokens launched on decentralized exchange Uniswap V2 are rug pulls. But the researcher behind it said the paper’s intention h...
Report: 97.7% of tokens launched on Uniswap are rug pulls
Blockchain technology has proven to be extremely disruptive and empowering in both the public and private computer application industries. However, the most recent Uniswap data illustrates that crypto...
Solidus Labs Unveils First-of-its-kind Web3 AML Solution, Flagging Close to 200,000 Rug Pulls and Smart Contract Scams That Make Up 8% of All Ethereum Tokens
In a major step towards de-risking DeFi, data released by Solidus reveals that a new token pre-programmed to scam users is created every 4 minutes on average, and the illicit funds from these scams of...
Alleged rug pull Freeway halts crypto withdrawals, erases execs
Freeway, the UK-based crypto platform that offered users up to 43% yield via so-called “Supercharger simulations,” has been branded a “$100m+ rug” after it halted all withdrawals and removed informati...
Mango Market exploiter brags after rug pulling Mango Inu ‘shitcoin’
In just over a week after pulling off the $117 million exploit of Mango Markets, Avraham Eisenberg is now boasting about making $100,000 rug-pulling a “shitcoin” called Mango Inu, again claiming he &#...
CNN’s NFT marketplace shutdown sparks rug pull accusations
CNN’s NFT marketplace “Vault By CNN” took to Twitter to announce it is shutting down, whipping up community backlash. Some accused CNN of perpetrating a rug pull, while others said they would take leg...
Ethereum Mainnet Struck With Rug and Pull Exploit
8 hours ago | 2 mins read Altcoin News A BNBHACKERINU token was produced by the hacker. The whole smart contract was built on a foundation of harmful code. There are still significant security concern...
After the $600 Million BNB Hack, Ethereum Experiences Rug Pull Attacks
Today, a $536 million BNB whale began behaving erratically and the wallet quickly began lending and borrowing tokens from several ecosystems, giving observers the impression that it had been hacked. T...
Terra Rebels Warns Terra Classic ($LUNC) Community About Rising Rug Pulls
Terra Classic (LUNC) gains popularity amid developer group Terra Rebels’ Terra Classic Revival Roadmap and active participation by the community. Terra Rebels ensures the Terra Classic (LUNC) communit...
Ethereum Mainnet Hit By Rug Pull Hours After BNB Hack
The world of decentralized finance continues to deal with major security issues. Hours after the attempted $600 million exploit on the BNB Chain, Ethereum faced major rug pull attacks. After the initi...
Grifters rug over 60 ETH from spoof token created after Binance exploit
Malicious players rugged over 60 ETH from a token created immediately after the Binance smart chain exploits. The token was first spotted by Lorem, who alleged that the Binance hacker created the rugg...
Bitcoin price skirts $19.3K amid fear over ‘mother of all rug pulls’
Bitcoin (BTC) traders lay in wait for fresh volatility on Sept. 29 as BTC/USD cooled near $19,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Volatility absent a day before the monthl...
August 2022 Rug Pulls Were High But Down from Previous Months
Join Our Telegram channel to stay up to date on breaking news coverage Recent research by blockchain security firm CertiK found that 33 of the 44 flaws identified in August were rug pulls or exit scam...
Bitcoin Whales Are Pulling The Rug Out From Under Market As BTC Wavers At $19,000 — What Next? ⋆ ZyCrypto
Advertisement     After seesawing just under $20,000 during the long US, on Tuesday, Labour Day weekend, Bitcoin fell below $19,000 as investors intensified their risk...
NFT watchdog Rug Pull Finder gets its own NFT giveaway exploited
In an ironic twist, Rug Pull Finder (RPF), a nonfungible token (NFT) watchdog focused on identifying Web3-based fraud has fallen victim to a smart contract exploit of its own. According to the NFT inv...
One more cryptocurrency rug pull with a Pokémon theme, this time for $708k.
Join Our Telegram channel to stay up to date on breaking news coverage Pokémon-based cryptocurrency fraud has been a problem in the past. Fans have spent more than $10 million on Pokémon-themed campai...
Rug Pull Almost Wipes out GameFi Project; DeFi Protocol Suffers Hack
A popular play-to-earn (P2E) GameFi project has seen its value plunge by 99% following a rug pull, while another decentralized finance (DeFi) platform has lost millions of dollars in a hack. According...
NFT Marketplace SudoRare Sees Rug Pull Hours After Going Live
SudoRare, a hybrid non-fungible token (NFT) platform, has been involved in a rug pull barely six hours after the trading platform went live. While the initial narrative was that the exchange was attac...
NFT Exchange SudoRare Rug Pull $800,000 Hours After Launch, Goes Offline
On Tuesday, NFT exchange SudoRare defrauded users of around $820,000 in different crypto currencies. Prior to pulling the rug and shutting down its website and its associated social media profiles, Su...
SudoRare NFT Marketplace Executes Rug Pull Hours After Launch
10 seconds ago | 2 mins read NFT News About $820,000 worth of ether and other cryptocurrencies were taken in the incident. The platform’s website and Twitter page vanished soon after the heist. Many u...
NFT exchange SudoRare suffers $800,000 ‘rug pull’ six hours after launch
SudoRare, a decentralized non-fungible token (NFT) exchange, has gone offline on Tuesday — six hours after it launched — with tokens worth over $800,000 removed from the platform’s wallet address. Dat...
NFT Platform SudoRare Rug Pulled for $850K Hours After Launching
SudoRare – a decentralized non-fungible token (NFT) marketplace – is reportedly the latest crypto project that had rug-pulled its customers. The project, established earlier today, shut down its opera...
SudoRare developers reap $815,000 from rug pulling project
Adding to the growing list of exploits, SudoRare developers have shut down operations after withdrawing $815,000 (519 ETH) from the AMM protocol. A Twitter user Sungjae flagged the rug pull after 173 ...
SudoRare Pulled the Rug for $820,000. How Will Kraken Respond?
Key Takeaways The team behind the decentralized NFT exchange SudoRare stole $820,000 from its community then deleted its online presence early Tuesday. One of the wallets used in the attack was funded...
NFT Exchange SudoRare Goes Dark After $820,000 Rug Pull
Key Takeaways NFT exchange SudoRare scammed users out of about $820,000 in various crypto tokens Tuesday. Immediately after the incident, the anonymous developers behind the project deleted the exchan...
Martin Shkreli’s New Token Drops 90%, Rug Pull Suspected
Altcoin News The price fell when a mysterious wallet dumped a large quantity of the cryptocurrency. Martin Shkreli Inu has been linked to the Web3 venture Druglike. The new cryptocurrency token create...
Attackers Wipe Out $3.5M From Crypto Game Dragoma Through Rug Pull Technique
Scamming and hacking activities seem to be skyrocketing within the crypto industry. Even with the increase in innovation and technological application in the crypto space, criminals are also advancing...
Blur Finance allegedly rug pulled, investors at a combined $600K loss
Yield aggregator platform Blur Finance has allegedly been rug pulled as over $600,000 worth of tokens was withdrawn within minutes. Security firm PeckShield tweeted on August 10 that Blur Finance deve...
Polygon-Based Dragoma Rug Pulled, DMA Dumps 99%
Dragoma, a Web3 lifestyle sports application built on Polygon, was rug pulled in the latest example of such an event in the crypto community. According to blockchain intelligence and security firm, Pe...
Over $1M lost in Polygon-based Dragoma rug pull
Polygon-based play-to-earn game Dragoma has allegedly been rug pulled, as over $1 million was moved from the project to centralized exchange wallets. #PeckShieldAlert #rugpull Dragoma $DMA on polygon ...